Heavy buying is witnessed in this penny stock at Rs 69; scrip gained over 14 per cent and PAT zooms 73.5 per cent to Rs 9.64 crore; do you own it?
Heavy buying is witnessed in this penny stock at Rs 69; scrip gained over 14 per cent and PAT zooms 73.5 per cent to Rs 9.64 crore; do you own it?

Heavy buying is witnessed in this penny stock at Rs 69; scrip gained over 14 per cent and PAT zooms 73.5 per cent to Rs 9.64 crore; do you own it?

The shares of the company saw a spurt in volume by more than 2 times with over 14 lakh quantity traded. 

Kiran Shroff Article rating: 4.3

The first half of FY24 maintained the momentum while boasting impressive ROE and ROCE of 38 per cent and 30 per cent respectively.

Recently listed penny stock below Rs 80 in green as PAT zooms 73.5 per cent to Rs 9.64 crore
Recently listed penny stock below Rs 80 in green as PAT zooms 73.5 per cent to Rs 9.64 crore

Recently listed penny stock below Rs 80 in green as PAT zooms 73.5 per cent to Rs 9.64 crore

An investor who was lucky enough to get an allotment of this IPO saw their portfolio gain a staggering 77 per cent since the initial allotment price of Rs 41 per share.

Kiran Shroff Article rating: 3.8

The first half of FY24 maintained the momentum while boasting impressive ROE and ROCE of 38 per cent and 30 per cent respectively.

From Rs 55 to Rs 71.19 per share in just 7 days: Heavy buying in this recently listed fertilizers manufacturing penny stock; hit back-to-back upper circuits & 52-week highs!
From Rs 55 to Rs 71.19 per share in just 7 days: Heavy buying in this recently listed fertilizers manufacturing penny stock; hit back-to-back upper circuits & 52-week highs!

From Rs 55 to Rs 71.19 per share in just 7 days: Heavy buying in this recently listed fertilizers manufacturing penny stock; hit back-to-back upper circuits & 52-week highs!

On the broader market, the indices were also trading in green with the BSE Mid-Cap Index up by 0.49 per cent and the BSE Small-cap Index up by 0.98 per cent.

Kiran Shroff Article rating: 4.1

The stock was listed on BSE at Rs 55 per share and in 7 days the stock is up by 30 per cent to Rs 71.19 per share.  

High demand for new penny stock: Debuts with 43.39 per cent listing gains; locked in upper circuit with over 1,00,00,000 shares bid!
High demand for new penny stock: Debuts with 43.39 per cent listing gains; locked in upper circuit with over 1,00,00,000 shares bid!

High demand for new penny stock: Debuts with 43.39 per cent listing gains; locked in upper circuit with over 1,00,00,000 shares bid!

The first half of FY24 maintained the momentum while boasting impressive RoE and RoCE of 38 per cent and 30 per cent respectively.

Kiran Shroff Article rating: 4.1

The first half of FY24 maintained the momentum while boasting impressive RoE and RoCE of 38 per cent and 30 per cent respectively.

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